Development Proceeds definition

Development Proceeds means the sum of: (a) funds contributed or to be contributed to Borrower by Borrower's limited partner as capital contributions, equity or for any other purpose under Borrower's limited partnership agreement; and (b) the proceeds of all other financing for the Project (including under this Agreement).
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Development Proceeds means the sum of: (a) funds contributed or to be contributed to Borrower by Borrower's limited partner as capital contributions, equity or for any other purpose under Borrower's limited partnership agreement; and (b) the proceeds of all other financing for the Project.
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Development Proceeds means all funds received by Tenant from Tenant’s lenders and from applicable funding sources, together with any developer fees and the equity and capital contributions in, and loans to Tenant made by, the investors, members, shareholders, limited partners and general partners of Tenant or ▇▇▇▇▇▇’s affiliates with respect to the Project.
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Examples of Development Proceeds in a sentence

  • The funds anticipated to be available to fund the planned development of the Property are as set forth on Exhibit C (the "Development Proceeds").

  • OCII has agreed to advance the amount set forth above to fund Development Expenses with the understanding that Borrower will repay the Excess Development Proceeds unless otherwise approved by MOHCD Director and OCII Executive Director as part of the Final Financial Plan approval prior to the Loan Closing Date.

  • All such commissions or compensation paid to the Salespersons or independent brokers shall be Project Costs and paid out of Company Development Proceeds.


More Definitions of Development Proceeds

Development Proceeds. ’ means cash contributed by a governmental entity to the project company raised through the sale or lease to a non-governmental for- profit entity of rights to develop, control, occupy, enter, or otherwise use for commercial purposes any real property (or the space above the physical surface of real property) adjacent or proximate to any part of a Pilot Project.
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Related to Development Proceeds

  • Development Project means a project for the development of land within a

  • Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii).

  • Redevelopment project means a specific construction project

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to: